Covid-19 has devastated the lives of Africa's poor. In many countries, the lockdowns have halted the income of day labourers, and curbed their spending. Day labourers work primarily in construction, transport and hospitality. They are an eng...

Splits within the ruling Jubilee party are ever more glaring, demonstrated in recent days by the disputed change of Senate majority leader and the formal pact with KANU. This matters for three reasons: crisis management, structural reform, and civic...

According to the Central Bank of Kenya, the 7 largest banks in Kenya have restructured loans amounting to KES176bn in April 2020 (7% of total loans as at January 2020) following the Covid-19 policy response that called for loan extensi...

The four main fintech hubs in Africa are Egypt, Kenya, Nigeria and South Africa. These markets have distinguished themselves from the rest of Africa through their support for innovation (for example, via regulatory sandboxes) and the widespread estab...

The Central Bank of Kenya cut its benchmark lending rate by 25bps to 7.0%, in line with expectations, at the meeting on Wednesday. According to the Bank, the cut was in light of the continued grim outlook on the economy amid the Covid-19 pandemic. So...

Our recent survey of 150+ fintechs across 20 African markets enabled us to find their product and customer niches, as well as identify their unique success factors.Fintech companies are increasingly competing with traditional financial services...